Hospital workers fear layoffs under Tenet Healthcare.Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC. Corp.'s plan to acquire Queen of Angels-Hollywood Presbyterian Medical Center has sent ripples of concern through the medical center's staff as well as community and consumer health care advocates who fear layoffs, a drop in the quality of care and less care for the indigent indigent 1) n. a person so poor and needy that he/she cannot provide the necessities of life (food, clothing, decent shelter) for himself/herself. 2) n. one without sufficient income to afford a lawyer for defense in a criminal case. . "The employees are definitely worried for their jobs," said Monem Fadali, president of the medical staff. "The speculation here is that the administrative and management people at the higher levels will get the brunt of the layoffs." Last month, 28 full-time employees were laid off at the hospital, which has a total full-time staff of 1,000. "When it makes these acquisitions, Tenet does tend to consolidate the management and back-office operations," said Randall Huyser, a research analyst with the investment firm Furman Selz LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Critics of the proposed acquisition cite other Tenet purchases in which layoffs have occurred, including at the Encino-Tarzana Medical Center and Harbor View Medical Center in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. . Tenet officials stress that each hospital is a different situation and note that they have actually hired nursing staff at Brookside Hospital in the East Bay area near San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . On Aug. 14, Queen of Angels-Hollywood Presbyterian and Santa Barbara-based Tenet signed a letter of intent. A final deal is expected to be signed within 60 days, after which time it must be reviewed by the state Attorney General's Office. That review is expected to take until the end of the first quarter of 1998 and will include at least one public hearing. Queen of Angels-Hollywood Presbyterian officials said a sale is the only way to ensure that the hospital remains viable over the long term. "We are one of the few stand-alone hospitals remaining in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, ," said spokesman Bob Steward. "With the demands of managed care and the trend toward managed care contracts, the financial viability of the hospital makes it essential to combine with a larger organization." Those opposing the sale include the union representing most of the hospital staff, Consumers Union and several community-based organizations. In the last two months, a coalition of two dozen of these groups has emerged, calling itself the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County Coalition for Quality Health Care. Coalition founder Lark Galloway Gilliam said the group's goal is to ensure that Tenet maintains the same commitment to community care that Queen of Angeles has displayed in the past. "We are very concerned that we might lose indigent care. After all, it is not a moneymaker, and that's what That's What is one of the more idiosyncratic releases by solo steel-string guitar artist Leo Kottke. It is distinctive in it's jazzy nature and "talking" songs ("Buzzby" and "Husbandry"). Tenet is out to do, make money," Gilliam said. Julio Mateo Julio Cesar Mateo (born August 2,1977 in BanĂ, Dominican Republic) is a Major League Baseball Pitcher for the Philadelphia Phillies. The 6’ tall 220lb Julio Mateo bats and throws with his right hand. , a staff attorney with Consumers Union in San Francisco, said he is concerned about the lack of community input in the acquisition negotiations. "These are community assets we're talking about here and this deal is being worked out behind closed doors," he said. Tenet spokesman Lance Inyon said the letter of intent includes provisions to set up a charity foundation to care for the poor and uninsured in the surrounding community. Meanwhile, hospital medical staff chief Fadali said physicians fear the hospital's quality of care will decline under Tenet, especially if there are any cuts in the nurse-to-bed ratio. Inyon said it is "premature" for anyone to determine the nurse-to-bed ratio before due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. is completed. |
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